Should You Buy an Off-Plan or a Ready Property?
Buying property is one of the biggest decisions you’ll make—especially in a fast-growing market like Cambodia. Whether you're a first-time buyer or an investor, the choice often comes down to two options: off-plan (pre-sale) or ready (completed) property. Each comes with its own benefits and risks. Here's a breakdown to help you make a smart decision.
🏗️ What Is Off-Plan Property?
An off-plan property is purchased before construction is complete. Buyers rely on floor plans, brochures, and promises from the developer.
Pros:
✅ Lower purchase prices (10–30% less than completed units)
✅ Flexible and Long-Term payment terms over the construction period
✅ Early access to the best units, layouts, or views
✅ Potential for capital appreciation before completion
Cons:
⚠️ Risk of delays or construction failure
⚠️ Final product may differ from expectations
⚠️ No rental income until handover
⚠️ Market conditions may shift during the build
🏢 What Is Ready Property?
A ready or completed property is fully built and often furnished. You can inspect it in person and move in or rent it out immediately.
Pros:
✅ Immediate usage or rental income
✅ No construction risk
✅ Transparent quality and features
✅ What you see is what you get
Cons:
⚠️ Higher upfront cost
⚠️ Limited customization options
⚠️ Less flexibility in choosing layouts or views
Which One Is Right for You?
Choose Off-Plan If:
You’re an investor seeking long-term appreciation
You can wait 2–3 years before moving in or renting out
You want a lower entry price and flexible payment terms
Choose Ready Property If:
You want immediate occupancy or rental returns
You prefer lower risk and transparency
You’re using bank financing or buying for personal use
There’s no one-size-fits-all answer. Your ideal choice depends on your goals, timeline, risk tolerance, and financial situation. In Phnom Penh, Cambodia’s evolving property market, both off-plan and ready properties offer great opportunities—if chosen wisely. Always do your research, verify legal documentation, and work with licensed professional real estate agents.
Thinking about buying a pre-sale or ready to move in property in Phnom Penh or Anywhere in Cambodia? Contact ERA Cambodia now for a list of vetted, high-potential projects across Phnom Penh and beyond.